Latest news
Germany to cancel EUAs over early coal closures
Germany will cancel a “residual” sum of carbon allowances – that one analyst put below 14m tonnes – associated with power plant closures in 2021 under the country’s coal phase-out, the energy ministry has told Montel.
read more... 09/03/2023
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Poland to slow coal phase-out process, maintain 2049 end-date
Poland is forced to slow down the process of closing coal mines but will not withdraw from its plans to close all its mines by 2049, announced Polish State Assets Minister Jacek Sasin.
read more... 09/11/2022
Germany's biggest power producer RWE to phase out coal by 2030
Germany's largest power producer RWE said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government.
read more... 05/10/2022
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Germany to start gas phase-out from 2024
Germany's coalition government has agreed to phase out natural gas from 2024, beginning with a drive to deploy renewable energy in heating, it said on Thursday.
read more... 25/03/2022
Daily (09.03.2022): European carbon prices rebounded by over 17% on Tuesday as investors priced in a more emissions-intensive future
Oil prices extended gains on Tuesday, with Brent crude approaching $130 a barrel after the US said it would ban imports of Russian oil and gas – a move matched by a UK phase-out of Russian oil imports. Hence, Brent crude soared by 3.9% to settle at $127.98 a barrel. US WTI crude increased by 3.6% to end at $123.70 a barrel.
read more... 09/03/2022